V2 Retail Limited V2RETAIL NSE

Consumer Cyclical · Apparel Retail · India

https://www.v2retail.com

V2 Retail Limited, together with its subsidiary, V2 Smart Manufacturing Private Limited, engages in the retail trade of apparel and garments, textiles, and accessories in India. It also manufactures apparel. The company engages in the retail sale of readymade garments, hosiery goods, and other articles of clothing and clothing accessories. It sells its products under the GODSPEED, Herrlich, Glamora, ebellia, Boady and Mind, and Honey Brats brands. The company was formerly known as Vishal Retail Ltd and changed its name to V2 Retail Limited in February 2012. V2 Retail Limited was incorporated in 2001 and is based in Gurugram, India.

Market & Price

Market Cap

₹8,387.76 Cr

Current Price

₹230.03

High / Low (52W)

₹249.56 / ₹159.68

Beta

Valuation

Stock P/E

50.22

Industry PE

26.67

Forward P/E

2.61

PEG Ratio

Book Value

₹11.12

Price to Book

20.70

P/S

2.73

EV/EBITDA

19.41

Dividend Yield

Profitability & Returns

ROCE

20.64%

ROE

25.96%

ROA

8.82%

Profit Margin

5.27%

Op Margin

5.79%

EPS (Latest Qtr)

₹0.50

EPS (TTM)

₹4.58

Balance Sheet & Liquidity

Debt/Equity

1.10

Quick Ratio

0.01

Current Ratio

1.44

Debt

₹994.58 Cr

Total Assets

₹2,422.21 Cr

Current Assets

₹1,320.06 Cr

Working Capital

₹406.13 Cr

Ownership

Promoter Holding

60.81%

Chg in Prom Hold

FII / Inst Holding

9.61%

Chg in FII Hold

Financial Snapshot

Enterprise Value

₹9,041.67 Cr

Total Revenue (TTM)

₹3,077.42 Cr

EBITDA

₹465.86 Cr

Free Cash Flow

₹-457.08 Cr

Operating Cash Flow

₹-103.43 Cr

Shares Outstanding

₹36.46 Cr

Gross Margin

30.46%

Payout Ratio

0.00%

Growth (CAGR)

Revenue 5Y

54.22%

Profit 5Y

454.82%

Revenue (YoY)

60.60%

Earnings (YoY)

168.80%

PROS

Strong return on equity of 26.0%.
Healthy ROCE of 20.6%.
Compounding revenue at 54.2% over 5 years.
Profit CAGR of 454.8% over 5 years.

CONS

Trading at a high P/E of 50.2.
In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Cyclical).

#	Name	CMP ₹	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	V2RETAIL V2 Retail Limited NSE	230.03	50.22	₹8,387.76 Cr	-	20.64%	25.96%	54.22%	454.82%
2	MARUTI Maruti Suzuki India Limited NIFTY50NSEAI	13,127.00	28.09	₹4.13 L Cr	1.07%	17.22%	14.43%	16.60%	21.11%
3	M&M Mahindra & Mahindra Limited NIFTY50NSEAI	3,045.60	20.00	₹3.66 L Cr	1.08%	17.26%	18.75%	18.44%	18.48%
4	TITAN Titan Company Limited NIFTY50NSE	4,074.90	71.43	₹3.61 L Cr	0.27%	38.43%	37.13%	23.83%	16.00%
5	ETERNAL Eternal Limited NSEAITECH	250.58	626.45	₹2.30 L Cr	-	2.87%	1.19%	97.70%	45.90%
6	EICHERMOT Eicher Motors Limited NIFTY50NSEAI	7,177.00	35.71	₹1.97 L Cr	0.98%	26.43%	23.77%	17.47%	23.70%
7	TVSMOTOR TVS Motor Company Limited NSE	3,355.70	52.91	₹1.59 L Cr	0.36%	28.86%	31.62%	26.91%	31.46%
8	HYUNDAI HYUNDAI MOTOR INDIA LTD NSE	1,924.00	28.82	₹1.56 L Cr	1.09%	32.62%	29.92%	5.50%	4.87%
9	MOTHERSON Samvardhana Motherson International Limited NSEAI	145.74	39.82	₹1.53 L Cr	0.41%	11.82%	10.11%	17.10%	37.17%

Quarterly Results

Figures in INR.

Metric	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	590.94 Cr	498.51 Cr	632.22 Cr	708.64 Cr	929.18 Cr	797.02 Cr
Cost of Revenue	-	400.82 Cr	360.59 Cr	445.81 Cr	510.44 Cr	627.84 Cr	555.59 Cr
Gross Profit	-	190.13 Cr	137.92 Cr	186.40 Cr	198.19 Cr	301.34 Cr	241.43 Cr
Operating Expenses	-	104.96 Cr	108.04 Cr	131.26 Cr	150.34 Cr	173.38 Cr	199.10 Cr
Operating Income	-	85.17 Cr	29.88 Cr	55.15 Cr	47.85 Cr	127.96 Cr	42.34 Cr
EBITDA	-	112.68 Cr	59.68 Cr	88.16 Cr	86.52 Cr	205.67 Cr	113.20 Cr
Interest Expense	-	17.83 Cr	21.40 Cr	22.77 Cr	27.99 Cr	21.96 Cr	24.03 Cr
Pretax Income	-	68.53 Cr	10.35 Cr	33.29 Cr	20.95 Cr	137.98 Cr	22.38 Cr
Tax Provision	-	17.34 Cr	3.91 Cr	8.63 Cr	3.72 Cr	35.91 Cr	4.88 Cr
Net Income	-	51.19 Cr	6.44 Cr	24.66 Cr	17.23 Cr	102.07 Cr	17.51 Cr
Diluted EPS	-0.06	1.48	0.19	0.71	0.49	2.92	0.50

Profit & Loss (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue	-	836.13 Cr	1,160.69 Cr	1,884.50 Cr	3,067.05 Cr
Cost of Revenue	-	574.39 Cr	811.08 Cr	1,328.59 Cr	2,139.68 Cr
Gross Profit	-	261.73 Cr	349.61 Cr	555.91 Cr	927.37 Cr
Operating Expenses	-	243.33 Cr	273.58 Cr	396.74 Cr	654.07 Cr
Operating Income	-	18.40 Cr	76.04 Cr	159.17 Cr	273.30 Cr
EBITDA	-	90.52 Cr	155.19 Cr	264.78 Cr	493.55 Cr
Interest Expense	-	40.42 Cr	47.10 Cr	67.91 Cr	96.75 Cr
Pretax Income	-	-16.95 Cr	31.37 Cr	98.22 Cr	214.60 Cr
Tax Provision	-	-4.14 Cr	3.56 Cr	26.19 Cr	52.54 Cr
Net Income	-	-12.82 Cr	27.81 Cr	72.03 Cr	162.06 Cr
Diluted EPS	-0.34	-0.37	0.80	2.08	-

Compounded Sales Growth

5 Years:	54.22%
1 Year:	60.60%

Compounded Profit Growth

5 Years:	454.82%
1 Year:	168.80%

Stock Price Performance

1 Year:	+28.73%
6 Months:	-2.11%
3 Months:	+15.52%
1 Month:	+15.11%

Balance Sheet (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Total Assets	-	793.28 Cr	1,027.14 Cr	1,599.07 Cr	2,422.21 Cr
Current Assets	-	325.88 Cr	486.44 Cr	657.10 Cr	1,320.06 Cr
Cash & Equivalents	-	4.92 Cr	9.45 Cr	9.01 Cr	5.95 Cr
Inventory	-	278.88 Cr	418.87 Cr	558.24 Cr	1,141.77 Cr
Receivables	-	6.70 L	5.54 L	9.65 L	1.58 Cr
Total Liabilities	-	546.36 Cr	752.43 Cr	1,252.77 Cr	1,519.88 Cr
Current Liabilities	-	204.44 Cr	341.02 Cr	551.33 Cr	913.93 Cr
Long Term Debt	-	7.22 Cr	16.36 Cr	18.92 Cr	24.12 Cr
Total Debt	-	423.74 Cr	525.47 Cr	849.95 Cr	994.58 Cr
Total Equity	-	246.92 Cr	274.71 Cr	346.30 Cr	902.33 Cr
Shares Outstanding	-	34.39 Cr	34.59 Cr	34.59 Cr	36.46 Cr

Cash Flows (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow	-	86.36 Cr	93.42 Cr	201.28 Cr	-103.43 Cr
Investing Cash Flow	-	-12.27 Cr	-39.30 Cr	-130.48 Cr	-218.68 Cr
Financing Cash Flow	-	-75.70 Cr	-49.60 Cr	-71.24 Cr	319.04 Cr
Capital Expenditure	-	-13.08 Cr	-39.51 Cr	-134.21 Cr	-230.85 Cr
Free Cash Flow	-	73.28 Cr	53.92 Cr	67.08 Cr	-334.28 Cr
Net Change in Cash	-	-1.62 Cr	4.53 Cr	-43.44 L	-3.06 Cr

Ratios (Annual)

Figures in %.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Gross Margin %	-	31.3%	30.1%	29.5%	30.2%
Operating Margin %	-	2.2%	6.6%	8.4%	8.9%
Net Margin %	-	-1.5%	2.4%	3.8%	5.3%
ROE %	-	-5.2%	10.1%	20.8%	18.0%
ROCE %	-	3.1%	11.1%	15.2%	18.1%

Shareholding Pattern

Insiders

60.81%

Institutions

9.61%

Public Float

24.53%

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for V2RETAIL

No recent headlines available.

V2RETAIL · Consumer Cyclical